CMA CGM commits to buy Bollore logistics unit for $5.5 bln
MARSEILLE : French shipping group CMA CGM has committed to buy the logistics operations of family-run conglomerate Bollore for an enterprise value of 5 billion euros ($5.5 billion), the
Maersk announces new warehouse for electric car batteries near Hanover
HAMBURG : Maersk, together with the German project developer bauwo, is building a 20,000 square meter logistics center near Hanover for the storage and handling of electric car
ZIΜ invests in refrigerated container fleet
HAIFA : ZIM has made an order of 1,000 Star Cool reefers with Sekstant door sensors and a similar volume for retrofitting to its existing Star Cool reefers.
OOCL launches AI chatbot for customers
HONG KONG : Orient Overseas Container Line (OOCL) has launched a new Chinese language AI chatbot on its customer facing platforms. OOCL has introduced an AI chatbot known
SCR to start Gati-Shakti Cargo Terminal at Gadchendur Station of Secunderabad Division
HYDERABAD : The Secunderabad Division of South Central Railway has decided to start a new Gati Shakti Multi Modal Cargo Terminal (GCT) at Gadchendur Station. This terminal will be constructed
DP World Europe moves operations to SEGRO Park Coventry
WARWICKSHIRE : Logistics warehouse provider, SEGRO, has secured a pre-let with DP World Logistics at SEGRO Park Coventry, its 200-acre development site in Warwick District. SEGRO has undertaken
GAC Singapore bags Best Ship Agent award
SINGAPORE : GAC Singapore has been named the Best Shipping Agent at the ShipTek International Awards held in Singapore during the Singapore Maritime Week. Shiptek is one of
CEVA Logistics enters into car carrier market
MARSEILLE : CEVA Logistics has signed a 10-year lease agreement with parent company CMA CGM to lease four roll-on, roll-off (RORO) vessels from Eastern Pacific Shipping. The LNG
DNV forecasts oil demand in transport sector to half by 2050
OSLO : Electricity is continuing to gain traction in previously thought to be hard-to-electrify sectors including heavy trucking and aviation. Electricity’s share in transport will grow from 1%
PM Gati Shakti to trigger relocation of firms in China to India : Nimbus Post CEO
GURUGRAM : The implementation of the PM Gati Shakti plan in a few years will nudge several China-based firms to relocate to India, supported by lower logistics and